Trump says Japan will receive trade letter
US President Donald Trump said that Japan would be a letter buyer about trade following the promises of sending letters to countries that summarize the tariffs that they need to pay to the United States.
Orum I respect Japan, they will not take our rice, and there is still a big scarcity of rice, ”he said.
“We will send them only a letter and we love to buy them as a trade partner for many years.”
Trump did not say which terms to specify in the letter.
National Economic Council Director Kevin Hassett told journalists at the White House, Trump said that he would “conclude the frameworks we negotiated with many countries after the weekend.”
Trump suggested that the United States would send letters to many countries and that the president would inform the President of the “mutual” tariffs when the 90 -day pause ended, informing the new tariff rates from the US after 9 July.
Hassett said that tariff negotiations with Japan will still be discussions until the end ”.
Hassett also confirmed that the US-Canada trade negotiations will continue after making plans for a digital service tax targeting US technology companies on Monday.
“Absolutely, Hass Hassett said when asked to restart the talks at Fox News Channel.
White House Press Secretary Karoline Leavitt told journalists, Canada Prime Minister Mark Carney’s Trump on Sunday evening, and called a great victory for US technology companies.
“Prime Minister Carney in Canada, President Trump and the United States have gained,” he said.
“President Trump… He knows that every country on the planet should have good trade relations with the US, and it was a mistake for Canada to promise to implement the tax that would harm our technology companies in the US,” he said.
Tr Trump asked Canada to leave a tax at a G7 meeting in Canada at the beginning of June, Hassett said.
“This is something they work for, now they have accepted and it certainly means we can return to these negotiations.”
Canada, the Ministry of Finance, said Carney and Trump will continue to negotiate trade until 21 July to agree on an agreement until 21 July.
US Trade Secretary Howard Lutnick said, iz Thank you for the relief of your digital service tax, which aims to suppress American innovation and will be an agreement with the United States for any trade agreement.
Stocks reached record levels on Monday morning, as it rises in the midst of emotions in the markets in the midst of optimism in the midst of optimism in the US trade negotiations, including Canada.
US Treasury Secretary Scott Bessent hit an optimistic tone on the potential of “hesitations” of the trade agreements before July 9, and then the 10 percent US tariff rates from many countries were set to return Trump to April 2.
However, Bessent, speaking on Bloomberg television, warned that even if they negotiated in good faith, as they suggested, he warned that countries could not get to this deadline.
Bessent said that any extension will be attached to Trump itself.
Leavitt said Trump met the trade team this week to determine tariff rates for non -negotiating countries.
“If they do not come to the table to negotiate in good faith, he will determine the proportions of most of these countries and he is meeting with the trade team this week to do so,” he said.
With AP
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